Palmeiras posts R$14m Q1 deficit, club had planned R$93m surplus | OneFootball

Palmeiras released on the morning of this Thursday (7) the financial statements for the months of February and March 2026. In the first quarter, the club posted a deficit of R$ 14.647 million. The Verdão had projected a surplus of R$ 93.591 million for the period.

The significant difference in revenue is mainly due to player transfer deals currently recorded under miscellaneous income.

The club had budgeted to receive R$ 222.359 million by March (with R$ 202.27 million coming from player sales) and actually brought in R$ 59.855 million.

February 2026 result

Financial result:Budgeted: Surplus of R$ 56.918 millionActual: Surplus of R$ 20.067 million

Revenue:Budgeted: R$ 172.246 millionActual: R$ 83.435 million

Expenses:Budgeted: R$ 105.423 millionActual: R$ 76.717 million

Photo: Reproduction

March 2026 result

Financial result:Budgeted: Deficit of R$ 20.771 millionActual: Deficit of R$ 26.857 million

Revenue:Budgeted: R$ 77.356 millionActual: R$ 78.529 million

Expenses:Budgeted: R$ 95.250 millionActual: R$ 106.152 million

Photo: Reproduction

Palmeiras’ 2026 cumulative total

Financial result:Budgeted: Surplus of R$ 93.591 millionActual: Deficit of R$ 14.647 million

Revenue:Budgeted: R$ 422.348 millionActual: R$ 250.204 million

Expenses:Budgeted: R$ 305.998 millionActual: R$ 315.781 million

Palmeiras projects a surplus in 2026

Palmeiras’ COF (Guidance and Oversight Council) unanimously approved in December 2025 the 2026 budget, which projects revenue of R$ 1.2 billion and a surplus of R$ 11.2 million.

See Palmeiras’ projected revenue for 2026

Surplus in 2025

Palmeiras ended 2025 with a cumulative surplus of R$ 292.4 million. A result far above the budgeted figure for the season, which was a surplus of R$ 12.4 million, setting a new club record. The previous one was in 2024, at R$ 198.2 million.

This article was translated into English by Artificial Intelligence. You can read the original version in 🇧🇷 here.